Listening to Tony Robbins this morning on the web about the philosophy of coaching . I find it interesting that someone , as accomplished as him , had the same dilemma about what a coach really is.
The question is , does it really matter what the coaches title is , as long as there is a process which defines a start point , situation today , leading to a steady state of improvement with measurable results ,meaning a great deal more satisfaction with life.
I enjoyed his definition of what the process is. I call it tough loving , or support
but clearly it is to help a business owner through the minefield of issues , most businesses face . The task is to help and make them believe that the answer is actually in their own hands.
There are new technologies but the running of business is the same as it has always been.
Give the customer something that they both need and want and maintain relationships.
Just doing these things consistently , systematically and having the reserves of motivation to do them requires a helping hand.
Tony does that by giving advice and bases payment on results.Results are actually the
measure of the difference
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Tuesday, 17 April 2012
Wednesday, 23 March 2011
Management of people counts even more now
As I made the initial transition from the Corporate day job earning a salary,to one of advising business owners and shareholders I initially struggled about what to call my business and how to present myself.
Consultant thought I , but that comes tainted with the principle of asking clients questions and replaying the information back to the client....I jest of course.
Mentor , a new word for me , which means you coach or teach people how to run a business. Sure that is what I wanted to do and that is what I do now , but it is more than that.
I have spent some months helping businesses and the truth is that I do build operating processes , I do recommend financial prudence and control , develop appropriate sales and marketing strategies , but even more valuable teach people how to manage other people and situations.
I meet clever people all the time, some are bordering on genius , but the first rule of running a business is often overlooked.Excellent business processes reduce the need for personal intervention and involvement,but hands on support is a vital tool in helping employees meet targets consistently.
However bizarre this sounds , I was told in management development to welcome problems. This infers human interaction and understanding and it works. I did not need to be taught, I say with no arrogance , as it seemed a natural thing for me to do , but demonstrating leadership is the root of the problem and solution
Social networking is the medium by which 500 million people interact with humankind on Facebook alone.Bosses today have to compete for attention of employees in a world where competition is Global and economic growth is uncertain.Staying in touch with people in the business is key
Consultant thought I , but that comes tainted with the principle of asking clients questions and replaying the information back to the client....I jest of course.
Mentor , a new word for me , which means you coach or teach people how to run a business. Sure that is what I wanted to do and that is what I do now , but it is more than that.
I have spent some months helping businesses and the truth is that I do build operating processes , I do recommend financial prudence and control , develop appropriate sales and marketing strategies , but even more valuable teach people how to manage other people and situations.
I meet clever people all the time, some are bordering on genius , but the first rule of running a business is often overlooked.Excellent business processes reduce the need for personal intervention and involvement,but hands on support is a vital tool in helping employees meet targets consistently.
However bizarre this sounds , I was told in management development to welcome problems. This infers human interaction and understanding and it works. I did not need to be taught, I say with no arrogance , as it seemed a natural thing for me to do , but demonstrating leadership is the root of the problem and solution
Social networking is the medium by which 500 million people interact with humankind on Facebook alone.Bosses today have to compete for attention of employees in a world where competition is Global and economic growth is uncertain.Staying in touch with people in the business is key
Wednesday, 3 November 2010
Its not a V dip
Its official we are not suffering the V shaped recession but if anything we could be heading for a W recession.Latest punditry from the CEO of Shirlaws has worked out a model which times the cycle where the economy is compared to other finance market events.
The conclusion is that we are in the flat part of the unusually shaped W , where the upturned v in the middle of the W has a table top. At the end of the flat period we then go into a dip followed by a period of growth, perhaps for a as many as 5 years
Hope you are still with me , as there seems to be a great deal of sense in this prediction.The key for businesses however , is that they need to be in a state of readiness for the upturn , rather than still being in the cave waiting for the storm to blow over.
The fact that markets are starting to recover has no bearing on the fact that business is out of step with the fund management cycles which actually started in March 2008.Markets are saying we are at the end of the first part of recession , and business is still cutting cost rather than investing so future growth is unlikely for a while.
My own view is that businesses in any case should be measuring performance based on
use of cash to generate profits and cutting waste to build for the future . That way they will be ready for the next push. Reality is that businesses should be doing that anyway.
Free consultations available : Just ring 01953 605499
The conclusion is that we are in the flat part of the unusually shaped W , where the upturned v in the middle of the W has a table top. At the end of the flat period we then go into a dip followed by a period of growth, perhaps for a as many as 5 years
Hope you are still with me , as there seems to be a great deal of sense in this prediction.The key for businesses however , is that they need to be in a state of readiness for the upturn , rather than still being in the cave waiting for the storm to blow over.
The fact that markets are starting to recover has no bearing on the fact that business is out of step with the fund management cycles which actually started in March 2008.Markets are saying we are at the end of the first part of recession , and business is still cutting cost rather than investing so future growth is unlikely for a while.
My own view is that businesses in any case should be measuring performance based on
use of cash to generate profits and cutting waste to build for the future . That way they will be ready for the next push. Reality is that businesses should be doing that anyway.
Free consultations available : Just ring 01953 605499
Monday, 4 October 2010
Value of Leadership
I was reading in the McKinsey magazine about the attributes of good leadership and it made me reflect on the obligations I have had , over the years to run businesses and show leadership , often in trying circumstances.
If I had to summarise , I would say that the main objective was to get as many people as possible into the same space in which I was operating . Many academic studies have discussed the team bonding aspects , but I am speaking about the psychological impact of the fictitious plane crash.
The plane takes off and it is full of people from every walk of life , and assuming most people survive the accident on a desert island, the focus of a leader is to bond the various skills in a cohesive way.
In the workplace analogy, extreme events are rare thankfully , but it is important to recognise that business only survives or prospers by the collective efforts of the whole team.It is also true that not all participants see it as there role to join in , which causes the effort to be diminished to varying degrees.
Someone once said that if your business is doing well create a crisis. I am sure in the current business environment that is not required , but nevertheless everyone needs to be led with a common understanding and a common sense of purpose.The business boss has to create that environment
If I had to summarise , I would say that the main objective was to get as many people as possible into the same space in which I was operating . Many academic studies have discussed the team bonding aspects , but I am speaking about the psychological impact of the fictitious plane crash.
The plane takes off and it is full of people from every walk of life , and assuming most people survive the accident on a desert island, the focus of a leader is to bond the various skills in a cohesive way.
In the workplace analogy, extreme events are rare thankfully , but it is important to recognise that business only survives or prospers by the collective efforts of the whole team.It is also true that not all participants see it as there role to join in , which causes the effort to be diminished to varying degrees.
Someone once said that if your business is doing well create a crisis. I am sure in the current business environment that is not required , but nevertheless everyone needs to be led with a common understanding and a common sense of purpose.The business boss has to create that environment
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